Baku-Tbilisi-Ceyhan oil exports decreases by 10 percent
At the beginning of this year, oil exports via the Baku-Tbilisi-Ceyhan pipeline declined, with export deliveries down nearly 10%.
At the beginning of this year, oil exports via the Baku-Tbilisi-Ceyhan pipeline declined, with export deliveries down nearly 10%.
Nearly 53 million tons of Azerbaijani, Kazakh, and Turkmen oil have been delivered via the Baku-Tbilisi-Ceyhan pipeline over the past two years, Azerbaijani Energy Minister Parviz Shahbazov said.
Kazakhstan is holding talks to resume oil transit via the Baku-Tbilisi-Ceyhan pipeline (BTC), Kazakh Energy Minister Yerlan Akkenzhenov said.
Turkish President Recep Tayyip Erdoğan has approved the Azerbaijani-Turkish agreement on gas cooperation. The document was signed in May 2024.
Azerbaijan and Kazakhstan agreed to increase oil supplies. It will be gradual. The parties also agreed to transport oil via the BTC.
Georgia hopes that oil transportation through the Baku-Supsa pipeline will resume in 2024, Georgian Economy Minister Levan Davitashvili said. The pumping of oil through the Baku-Supsa pipeline was stopped in March 2022. …
Azerbaijan's state oil company SOCAR has acquired Equinor’s shares in Azeri-Chirag-Gunashli (ACG), Karabakh fields and Baku-Tbilisi-Ceyhan (BTC) project, the SOCAR press service reported. A meeting was held on December 22 …
Astana counts on filling the Baku-Tbilisi-Ceyhan pipeline
State Oil Company of the Azerbaijan Republic (SOCAR) has announced the start of the transit of Kazakh oil through the Baku-Tbilisi-Ceyhan (BTC) pipeline. The first shipment of Kazakh oil from the Tengiz field arrived at the Sangachal …
Tengizchevroil was unable to start oil exports via the Baku-Tbilisi-Ceyhan pipeline due to the devastating earthquake in Turkey, Managing Director of Tengizchevroil Kevin Lyon said. The Tengiz field accounts for …
The Baku-Tbilisi-Ceyhan (BTC) oil pipeline, which passes through eastern and southern Türkiye, has provided world markets with over 4 billion barrels of crude as of the end of last year since it was opened in 2006. Over 5,250 …
Kazakhstan is expected to sell some of its crude oil through Azerbaijan's biggest oil pipeline from September, as the nation seeks alternative routes, Reuters reported citing sources familiar with the matter. Kazakh oil exports …
The Ukrainian crisis has delivered a second major shock to the global economy after the coronavirus pandemic
According to Anadolu Agency, role of Azerbaijan as gas provider and Turkiye as a credible …
The Baku-Tbilisi-Ceyhan (BTC) oil export pipeline has achieved a significant milestone by carrying 500 million tonnes of oil in total from the Sangachal terminal near Baku across Azerbaijan, Georgia and Turkey to Ceyhan, according to …
For almost two weeks now, the Iranian-Azerbaijani crisis has been the main topic of regional media
Since the collapse of the Soviet Union, crude oil and natural gas have been playing a key role in the geopolitics of the Caspian region. Hydrocarbon revenues became an important source of economic growth for the Caspian Basin countries such …
In Moscow last week, President Vladimir Putin hosted the prime minister of Armenia and the president of Azerbaijan. It was the first meeting of the three leaders since the end of the six-week-long war over the Nagorno-Karabakh region last …
A total of 3.5 billion barrels of crude oil had been shipped to the global markets as of the end of 2020 from the marine terminal in the Ceyhan district of Adana province in southern Turkey, the last stop of the Baku-Tbilisi-Ceyhan (BTC) …
The Nagorno-Karabakh conflict ended with a Russian-brokered ceasefire that grants Turkey joint monitoring rights. This framework formalises cooperation between the two regional powers, a development that has significant political implications for Georgia, the US, and the EU, former Georgian Ambassador to US Tedo Japaridze writes in the article Can Armenia and Azerbaijan win peace together? for Brussels Morning